3 ms·
Recommendation accuracy was much more important for DVD rental, because of the wider selection of content and the slower feedback loop. So a good recommendation
by myhf 4y ago
Recommendation accuracy was much more important for DVD rental, because of the wider selection of content and the slower feedback loop. So a good recommendation algorithm was a core competency for the business.
- lr1970 4y agoAnd when seeing his internal recommendation algorithm team hitting the wall in recommendation accuracy, Hastings boldly created a 1M$ "Netflix Prize" competition to create a better recommendation algorithm [0]. This boosted research efforts in the field and earned him and Netflix respect in ML academic circles. [0] https://en.wikipedia.org/wiki/Netflix_Prize https://en.wikipedia.org/wiki/Netflix_Prize